News

Avelo has added its weight to those predicting protection sales will grow with IFAs increasing focus to it after the Retail Distribution Review (RDR) is introduced.

US markets have opened higher after a calmer atmosphere saw the FTSE 100 recover the day's losses.

Lloyds Banking Group is to cut 1,300 jobs across its group functions, retail, group operations and wealth and international divisions.

The Association of British Insurers (ABI) today increased its estimates for the cost to insurers of the riots which have gripped Britain to £200m.

Now Health International has launched an on-line quote facility for SME businesses which it claimed is the first in the market.

LV= paid 93% of its income protection (IP) and critical illness (CI) claims in the year to the end of June.

The British Medical Association (BMA) has warned the government is refusing to cooperate in talks over cuts to the NHS pension scheme.

Update (1:07pm): The FTSE briefly joined the bear-market club on Tuesday before regaining most of the day's losses as global markets continue to experience extreme volatility.

A mortgage broker has been banned and fined £106,499 for inflating incomes and providing false employment details for his clients on mortgage applications.

FundsNetwork has urged the regulator to review the "EasyJet" style charging structure of wraps in its consultation on platform charging models.